QUESTION 1, A company produces two products on a particular type of machine. The demand for Product A is 3,645 units per year while the demand for Product B is 3,872 units per year. It takes the machine 32 minutes to produce a unit of Product A and 19 minutes to product a unit of Product B. It takes 35 minutes to set up the machine to produce a batch of Product A and 75 to set up the machine to produce a batch of product B. The lot size for Product A is 148 units and the lot size for Product B is 88 units. The machine operates one 10 hour shift per day five days per week 52 weeks per year with no capacity cushion. How many machines are needed to produce these products each year? Round your answer to two decimal places. In this case, do not simply round up to the next integer.

QUESTION 2, Which of the following is not considered one of the basic costs associated with inventories?

I. Purchase cost

II. Holding cost

III. Ordering cost

IV. Shortage cost

Group of answer choices

I

II

III

IV

All are costs associated with inventories.

QUESTION 3, Large, infrequent jumps in capacity are characteristic of companies that: Group of answer choices

have an expansionist strategy.

have a wait-and-see strategy.

have low utilization.

have high utilization.

loosely manage their capacity cushions.

QUESTION 4, A company produces two products on a particular type of machine. The demand for Product A is 3,645 units per year while the demand for Product B is 3,872 units per year. It takes the machine 32 minutes to produce a unit of Product A and 19 minutes to product a unit of Product B. It takes 35 minutes to set up the machine to produce a batch of Product A and 75 to set up the machine to produce a batch of product B. The lot size for Product A is 148 units and the lot size for Product B is 88 units. The machine operates one 10 hour shift per day five days per week 52 weeks per year with no capacity cushion. How many machines are needed to produce these products each year?

Round your answer to two decimal places. In this case, do not simply round up to the next integer.

QUESTION 5, The basic functions management has with respect to inventory management include:

I. Establishing systems for tracking inventory

II. Determining how much to order

III. Determining when to order

IV. Determining from whom to order

Group of answer choices

I and II

I and III

I, II, and III

II, III, and IV

I, II, III, and IV

QUESTION 6, In the basic EOQ model, if the order cost increases by 25% and the holding cost decreases by 17%, determine the effect on the EOQ. Round your final answer as a percentage (not the intermediate calculations) to two (2) decimal places (e.g., 19.85). Indicate whether the effect is an increase or decrease by typing increase or decrease.

The EOQ will (increase/decrease) by %.

QUESTION 7, A company operates a periodic review inventory system. The optimal time between orders has been determined to be 2 months. Demand is 70 units per month, and the company operates 12 months per year. What is the optimal order quantity?

QUESTION 8, The Fun Times Company has $1,898,133 in current assets and $726,053 in current liabilities. Its initial inventory level is $524,025, and it will raise funds as additional notes payable and use them to increase inventory. How much can Fun Times' short-term debt (notes payable) increase inventory without violating a current ratio of 2.1?

Round your answer to two decimal places (e.g., 100000.00). Do not include the $ sign or a comma in your answer.

PLEASE DO THEM ALL CORRECTLY AND MAKE SURE TO PUT THE NUMBER OF THE QUESTION BESIDE ITS ANSWER, THANKS,